Company History

HVD Engineering GmbH was founded on 1st January 2014. Our team incorporates the experienced staff of the former company Schuttenbach GmbH (construction and development).

Mr Karlo von Ilak is the CEO of HVD Engineering GmbH and can draw on his long-standing professional experience within the automotive sector. A small selection of his career achievements includes the reintroduction of the automotive brand Maybach for the Daimler Group, as well as support, consultation and training in vehicle sales and distribution for various manufacturers such as Mercedes-Benz, Audi, Porsche, Ferrari and Lamborghini.

The corporate profile is supplemented by expertise from an excellent team consisting of experienced developers and engineers across the entire group.

HVD Engineering GmbH is a 100% subsidiary of HVD AG, which is situated in the Principality of Liechtenstein and was founded in January 2007. As a matter of the associates’ principal consideration, no company within the HVD Group makes use of any financing with borrowed capital or other liabilities.

The group of companies boasts excellent profit liquidity and was equipped with sufficient amounts of capital on the day of its foundation. Profits and surplus funds always remain in the company. Future expansion, such as to Southern Europe and the Gulf regions, will only take place with equity capital.